Public Housing Operating Fund
 
  				To provide and operate cost-effective, decent, safe and affordable dwellings for lower income families through an authorized local Public Housing Agency (PHA).
					General information about this opportunity
					
					Last Known Status
				 
					Active
					Program Number
				 
					14.850					
Federal Agency/Office
				 
					Office of Public and Indian Housing, Department of Housing and Urban Development					
Type(s) of Assistance Offered
				 
					A - Formula Grants; C - Direct Payments For Specified Use					
					
Program Accomplishments
					Fiscal Year 2016 The Department projects to make available $3.7 billion in operating subsidies for approximately 1.1 million public housing units The Department made $4.03 billion in operating subsidies for approximately 1.1 million public units.
Fiscal Year 2017 The Department projects to make available $4.4 billion in operating subsidies for approximately 1.1 million public housing units.
Fiscal Year 2018 The Department made $3.9 billion in operating subsidies for approximately 1.1 million public units.
Fiscal Year 2019 The Operating Fund program provided financial support for the property management, maintenance, and associated resident services for approximately 1 million units of low rent public housing on an annual basis.
Fiscal Year 2020 HUD will make $4.5 billion available for Operating Fund formula grants to support property management, maintenance, and associated resident services for units of low rent public housing on an annual basis.
Fiscal Year 2023 HUD will make $5.1 billion available for Operating Fund formula grants to support property management, maintenance, and associated resident services for units of low rent public housing on an annual basis.
Fiscal Year 2024 HUD will make $5.1 billion available for Operating Fund formula grants to support property management, maintenance, and associated resident services for units of low rent public housing on an annual basis.					
Authorization
				 
					Consolidated Appropriations Act, FY 2016, Public Law 114-113
Housing Act of 1937, as amended; Consolidated Appropriations Act of FY 2017, Public Law 114-113
Further Consolidated Appropriations Act, 2020, Public Law 116-94
CARES Act, 2020, Public Law 116-136, Public Law -
Appropriations Act, 2021, Public Law 116-260, Public Law -
Consolidated Appropriations Act, 2022, Public Law 117-103
Appropriations Act, 2023, Public Law 117-328					
Who is eligible to apply/benefit from this assistance?
					Applicant Eligibility
					Public Housing Agencies established in accordance with State law are eligible. The proposed program must be approved by the local governing body. Pursuant to the Native American Housing Assistance and Self Determination Act of 1996, Indian Housing Authorities (IHAs) are no longer eligible for funding under the U.S. Housing Act (of 1937) or the Indian Housing Act.					
Beneficiary Eligibility
					Families which include citizens or eligible immigrants. The term "Families" includes but is not limited to: (1) a family with or without children; (2) an elderly family (head, spouse, or sole member 62 years or older), (3) near elderly family (head, spouse, or sole member 50 years old but less than 62 years old); (4) a disabled family; (5) a displaced family; (6) the remaining member of a tenant family; or (7) a single person who is neither elderly, near-elderly, displaced, or a person with disabilities.					
Credentials/Documentation
					he applicant must support the application/proposal by furnishing data that the program is consistent with the Public Housing Agency (PHA) Plan (Quality Housing and Work Responsibility Act of 1998). The PHA Plan is designed for both long-term and short-term strategies for addressing the housing needs of the community. The proposed program should demonstrate that it is responsive to the PHA Plan by identifying conditions of the housing stock in the community and the housing assistance needs of lower-income families (including the elderly, persons with disabilities, large families and those displaced or who will be displaced) residing in or expected to reside in the community. 2 CFR 200, Subpart E - Cost Principles applies to this program.					
What is the process for applying and being award this assistance?
					Pre-Application Procedure
					Preapplication coordination is required. An environmental impact assessment is required for this listing. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review.					
Application Procedure
					2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. PHAs may submit a full proposal (HUD-52483-A) which includes, but is not limited to a project description, development method, offer of sale of real property, site information and financial feasibility pursuant to 24 CFR Part 941 and Handbook 7417.l REV-l and, if applicable, additional statutory or policy requirements governing the funds provided for the particular fiscal year. This program is excluded from coverage under OMB Circular No. A-110.					
Award Procedure
					Usually, the HUD Field Office Manager makes final decision to approve individual applications. Also, agencies must have Annual Contribution, Contract and Cooperative Agreement.					
Deadlines
					Contact the headquarters or regional location, as appropriate for application deadlines					
					
Approval/Disapproval Decision Time
					From 30 to 60 days. Approximately 60 days from the deadline for applications for processing applications/proposals.					
Appeals
					From 30 to 60 days.					
Renewals
					From 30 to 60 days.					
How are proposals selected?
					Not applicable.					
How may assistance be used?
					Operating subsidy funds are provided to PHAs to achieve and maintain adequate operating and maintenance service and reserve funds. Funds are made to PHAs based on the extent to which their projected total allowable expenses (as determined by formula) exceed their projected income (also as determined by formula) from rents and other sources.					
What are the requirements after being awarded this opportunity?
					Reporting
					Performance Reports: Submission of family report (HUD-50058) is required from PHAs.					
Auditing
					Periodic fiscal, management, maintenance and energy audits.					
Records
					Those necessary to indicate compliance with Annual Contributions Contract.					
Other Assistance Considerations
					Formula and Matching Requirements
					Statutory Formula: Title Operating Fund Part 24 CFR  Subpart 990 Statutory Formula: Title Operating Fund Chapter Part 24 CFR Subpart 990 Public Law
Matching requirements are not applicable to this assistance listing.
This program has MOE requirements, see funding agency for further details. Additional Information: This program has MOE requirements, see funding agency for further details. Additional Information: This program has MOE requirements, see funding agency for further details.					
Length and Time Phasing of Assistance
					Contributions made annually for up to 30 years for development and 20 years for modernization program reservations approved through September 30, 1986 for projects with permanent financing. Annual appropriations of capital funds for development and modernization started October 1, 1986. Projects funded with capital funds after October 1, 1986 will have contract terms of 40 years. Funding is provided based on submission of Operating Fund calculation (Form HUD-52723 and HUD-52722)					
Who do I contact about this opportunity?
					Regional or Local Office
					HUD Field Office listed in the Catalog Address Appendix IV that has jurisdiction over the area in which the dwellings are to be located.					
Headquarters Office
					Kevin Gallagher
451 7th Street, SW
Washington, DC 20410 US
Kevin.J.Gallagher@hud.gov
Phone: 202.402.4192					
Website Address
					http://www.hud.gov/offices/pih/programs/ph/am/
					Financial Information
					Account Identification
					86-0481-0-1-604					
Obligations
					(Formula Grants) FY 22$4,966,519,765.00; FY 23 est $5,108,999,999.00; FY 24 est $5,133,000,000.00; FY 21$4,839,000,000.00; FY 20$3,967,578,388.00; FY 19$4,874,160.00; FY 18$4,112,145,484.00; FY 16$4,037,051,000.00; FY 17 est $4,400,000,000.00; -					
Range and Average of Financial Assistance
					From $2,395 to $999,021,747; Average $1,563,377					
Regulations, Guidelines and Literature
					24 CFR 990, 24 CFR 941, Handbook 7417.1 (Rev.-1) (Public Housing-Development Handbook), Handbook 7465.1 Rev-2. (Public Housing Occupancy: Admission).					
Examples of Funded Projects
					Not applicable.